Ever wondered what streaming platforms are the biggest in the Philippines? Streaming guide JustWatch has the answer.
JustWatched released data that shows the top video streaming platforms in the Philippines for the first quarter of 2024. The list is based on market share.
Topping the list, as expected, is Netflix, which owns 34% of the market. It’s one of the first video-on-demand platforms not just in the Philippines, but also in the world. Despite the emergence of new competition, Netflix managed to stay on top, despite the numerous price hikes over the years.
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On the second spot is iflix, which managed to climb up the list after it was merged with WeTV when Tencent bought it back in 2020. Amazon Prime Video is at number three, which is one of the cheapest international services in the country.
HBO Go is on the fourth spot, followed by Viu and Hayu. Disney+ fell last and has lost market share since January, possibly due to its recent price increase.
Did anyone else expect Disney+ to hold a higher market share in the Philippines, especially after its initial push? Seeing iflix climb above other video streaming platforms to secure second spot on this list is quite surprising.
Did Disney+ really lose that much ground just from their price adjustment, or are other video platforms simply offering better local content in the Philippines? It is wild seeing them drop to the bottom of the list while Netflix holds a massive 34% market share despite similar hikes.